Form 6-K BIT Mining Ltd For: Sep 22


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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2021

 

Commission File Number: 001-36206

 

BIT Mining Limited

 

Units 813 & 815, Level 8, Core F,

Cyberport 3, 100 Cyberport Road,

Hong Kong

(852) 2596 3098

 

Indicate by examine mark whether or not the registrant recordsdata or will file annual
studies beneath cowl Form 20-F or Form 40-F.

 

Form 20-F x          
Form 40-F ¨

 

Indicate by examine mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by examine mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

 

Indicate by examine mark whether or not by furnishing the knowledge contained
on this Form, the registrant can also be thereby furnishing the knowledge to the Commission pursuant to Rule 12g3-2(b) beneath the Securities
Exchange Act of 1934.

 

Yes ¨          
No x

 

If “Yes” is marked, point out beneath the file quantity assigned
to the registrant in reference to Rule 12g3-2(b): N/A

 

 

 

EXPLANATORY NOTE

 

The doc hooked up as exhibit 99.1 to this
Form 6-K is hereby included by reference into the Registrant’s Registration Statement on Form F-3, as amended, initially
filed with the U.S. Securities and Exchange Commission on July 30, 2021 (Registration No. 333-258329) and shall be an element
thereof from the date on which this present report is furnished, to the extent not outmoded by paperwork or studies subsequently filed
or furnished.

 

 

TABLE OF CONTENTS

 

 

 

TABLE OF CONTENTS

 

Exhibit 99.1 – BIT Mining Invests in Cryptocurrency Mining in Ohio

 

 

SIGNATURE

 

Pursuant to the necessities
of the Securities Exchange Act of 1934, the registrant has duly triggered this report back to be signed on its behalf by the undersigned, thereunto
duly approved.

 

(*22*)By:

  BIT Mining Limited
     
 

/s/ Xianfeng Yang

  Name:  Xianfeng Yang
  Title: Chief Executive Officer

 

Date: September 22, 2021

 

 

 

Exhibit 99.1

 

BIT Mining Invests in Cryptocurrency Mining
in Ohio

 

HONG KONG, China, September 22, 2021 –
BIT Mining Limited (NYSE: BTCM) (“BIT Mining” or the “Company”), a number one cryptocurrency mining enterprise, right this moment
introduced that it has entered right into a Membership Interest Purchase Agreement and sure different auxiliary agreements (the “Agreements”)
with Viking Data Centers, LLC (“Viking Data Centers”) to collectively put money into the event of a cryptocurrency mining knowledge
heart area in Ohio (the “Ohio Mining Site”) with entry to energy capability of as much as 85 megawatts (“MW”). Development
of the Ohio Mining Site is at the moment anticipated to be totally accomplished in February 2022.

 

Pursuant to the Agreements, the Company will make investments a complete of US$12.14
million within the Ohio Mining Site, which can be collectively developed and operated by means of a three way partnership (the “JV”) with Viking
Data Centers. Of the US$12.14 million consideration, US$10.84 million can be paid in money and the remaining US$1.3 million payable to
Viking Data Centers can be settled both in money, or within the type of Class A atypical shares, par worth US$0.00005 per share of the Company,
on the Company’s discretion. Upon execution of the Agreements, the Company will maintain a 51% fairness curiosity within the Ohio Mining Site,
and Viking Data Centers will maintain the remaining 49%. The Ohio Mining Site can be developed in three phases, with 11MW within the first section,
39MW within the second and the remaining 35MW within the third. The first, second and third phases are at the moment anticipated to be accomplished by October
15, 2021, November 15, 2021 and February 15, 2022, respectively.

 

As a part of its progress technique, BIT Mining has been executing a sturdy
plan to put money into, purchase and develop high-quality mining sources around the globe. The Company has shipped 1,016 mining machines to
the United States as of the date of this press launch. Going ahead, the Company plans to additional strengthen its enlargement efforts and
speed up its international growth.

 

The transactions contemplated beneath the Agreements are topic to customary
closing situations.

 

About BIT Mining

 

BIT Mining (NYSE: BTCM) is a number one cryptocurrency
mining firm, with a long-term technique to create worth throughout the cryptocurrency business. Its enterprise covers cryptocurrency mining,
mining pool, and knowledge heart operation. The Company owns your complete mining pool enterprise operated beneath BTC.com, together with the area
title BTC.com. The Company has additionally entered right into a definitive settlement to amass a 7-nanometer cryptocurrency mining machine producer,
Bee Computing, to finish the Company’s vertical integration with its provide chain, enhance its self-sufficiency and strengthen
its aggressive place.

 

About Viking Data Centers

 

Viking Data Centers is targeted on creating
high-performance laptop knowledge facilities targeted on crypto mining at which it could supply co-location infrastructure, operations, and upkeep
companies to crypto miner shoppers. It at the moment is creating a mining area as much as 170MW within the state of Ohio.

 

 

Forward-Looking Statements

 

This information launch accommodates forward-looking
statements inside the that means of Section 21E of the Securities Exchange Act of 1934, as amended, and as outlined within the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements could be recognized by terminology resembling “will,” “expects,”
“anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “goal,”
“going ahead,” “outlook” and related statements. Such statements are primarily based upon administration’s present expectations
and present market and working situations and relate to occasions that contain recognized or unknown dangers, uncertainties and different components,
all of that are tough to foretell and lots of of that are past the Company’s management, which can trigger the Company’s precise outcomes,
efficiency or achievements to vary materially from these within the forward-looking statements. Important components that might trigger BIT
Mining’s precise outcomes to vary materially from these indicated within the forward-looking statements embody, amongst others: the formation
of the JV, the joint growth and operation of the Ohio Mining Site, and the execution and anticipated advantages of BIT Mining’s
progress technique, together with the transactions contemplated beneath the Agreements. Further data concerning these and different dangers, uncertainties
or components is included within the Company’s filings with the U.S. Securities and Exchange Commission. The Company doesn’t undertake any obligation
to replace any forward-looking assertion because of new data, future occasions or in any other case, besides as required beneath regulation.

 

For additional data:

 

BIT Mining Limited
[email protected]
Ir.btc.com

 

The Piacente Group, Inc.
Brandi Piacente
Tel: +1 (212) 481-2050
Email: [email protected]

 

 

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